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What are some examples of fundamental corporate changes? What significance does a change being fundamental have? Consider the following short case study. Alpha, Inc., after
What are some examples of fundamental corporate changes? What significance does a change being "fundamental" have?
Consider the following short case study. Alpha, Inc., after proper authorization by its shareholders, sold all of its assets to Beta, Inc. Charlie, an unpaid creditor of Alpha, Inc., sues Beta, arguing that Beta is liable on his contract with Alpha. Is Beta liable? Why?
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